Thursday, 05 July 2007

Indian Government Bonds Poised for Best Week in Five Months on Inflation

(Bloomberg) -- India's government bonds were set to
complete the biggest weekly gain in five months on speculation a
report today will show inflation slowed for an 11th week.

The yield on the benchmark 10-year bond held at a two-month
low before the report, which may show wholesale prices rose at
the slowest pace in almost 14 months, according to the median
estimate of a Bloomberg News survey. The Ministry of Commerce &
Industry will announce the data at noon in New Delhi.


Read more at Bloomberg Bonds News

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